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20130117
20130125
Search Results 0 to 7 of about 8 (some duplicates have been removed)
a line in the sand and if the s&p dropped we would get pounded. sure enough it fell after the election and we did get pummeled. but what most impressed me was what she told us on november 20th, when everyone began to freak out at that moment, at that chicken little moment, when all the worrywarts were out in full force, she told us to stop worrying. the s&p was ready to rally. she sent me this, holy cow, this is out of sync with what we were thinking. at the time. the s&p is at 1387. now it is at 1492. in short, brodin nailed a 100 point move in the s&p in two months. what a great grab. look at that. she nailed that. i might not be a chartist, but the charts don't have emotions. they aren't about the fiscal cliff or the debt ceiling or the election. it is totally working this market. so i have to go back to the mathematical well. what can i tell you, we want to know what the queen thinks it could go next. take a look at this chart. the s&p said it would. and shortly thereafter she told us that the low was likely to be pivotal, as a key part of her methodology. you heard me talk about f
for office. they need money. you won't win an election if you are responsible for stopping even a week's worth of social security checks. there won't be any wrangling. pin the tail on the gop and despite the disfunction in the party, within the gop, it's vital donors not be turned off. that's what the business of politics is all about. the gop is no longer beholden to big corporations and is embracing and being supported by small businesses. enough. as someone who has been a small businessman all his life, started many businesses, let me say these articles are stupid and nonsensical. here is the dirty little secret of small business that all of us who tried our hand of starting a small business, i wish it would get into the media's conscious. small business needs big business to do well, if it's going to do well itself. big business hires, grows, puts people to work. small business caters locally to the big business. let me explain how local businesses would love to be as independent as some politicians seem to believe. we all know better. the inn i own in summit, new jersey. a bunch o
confidence coming back after the election? and some of the bigger guys coming in maybe looking for some construction loans, commercial loans that you can make a ton of money on in the second half of 2013? >> well, we saw pretty good loan growth in the course of 2012, pipelines because we had strong closings in the fourth quarter are down a little bit as we transition into the year. i would say that we haven't -- have not seen a big pick-up in confidence in the marketplace. you're correct and we got through the fiscal cliff, but we've got a number of different things, whether it be the debt ceiling, the sequester, the continuing resolution in d.c. that are on the surface. our sense is customers are gaining confidence, they're willing to make marginal investments, but they're going to be very measured steps and they're going to be reflective of a loan environment that's commensurate with a 2% to 3% growth economy. given that we think we'll get our fair share, we'll put some very profitable relationships long-term high-quality relationships on the balance sheet, and at the e of the -- this
of the certainty that comes from putting a presidential election and a tax fight behind us. plus, the warring political parties seem to have -- it does seem like a truce at hand deferring a ridiculous and harmful government shutdown. throwing a huge turn in china that converts believers every day along with stabilization of europe and multinational companies have at last powered higher. all that good news in the jobs it creates are causing a radical revision in what we're willing to pay for future earnings. that's right, the price to earnings multiple, the ratio of how much we'll pay for the profits companies are going to have down the road is headed north and therefore so are the stock prices. we're willing to pay up because of the prospect that things are, indeed better. let me show you what i mean. let's take the transports. they've been scorching, scorching despite the index being home, beating down trucking companies, worldwide freight plays, and the railroads -- which were just annihilated by an historic decline in the most important cargo, coal. what's happening now if the economy's ge
Search Results 0 to 7 of about 8 (some duplicates have been removed)